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HomeMy WebLinkAboutRES 880376 - Tx Water Dev Board 1989 PlanRESOLUTION REQUESTING TO BE INCLUDED ON THE TEXAS WATER DEVELOPMENT BOARD FISCAL YEAR 1989 INTENDED USE PLAN W I 11011111 M-1 I all W11 11-1ff-1111 [NEWmamalla"31 , WHEREAS, the City of Georgetown, Texas, (City) has reviewed its wastewater needs and found that it is necessary to construct wastewater facilities to meet those needs; WHEREAS, the City deems it necessary to express its interest and commitment to seek funds from the Texas Water Development Board's (Board) State Water Pollution Control Revolving Fund (SRF) in order to finance its wastewater needs; WHEREAS, in order to secure future financing from the SRF, the City must make certain commitments to the Board to be placed on the Board's Intended Use Plan; and BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: 1. That the City intends to take necessary actions to fun the project(s) designated as Georgetown Wastewate Treatment Plant Project through a loan from the SRF fro the Texas Water Development Board. I k. That the City is hereby informing the Board of its desir to receive financial assistance in the amount of $2,732,000 from the Board's SRF within 12 months of th date of approval of the capitalization grant award to th Board by the U.S. Environmental Protection Agency. I 3. That the City intends to file an application for a loan from the SRF within the time frame specified in Chapter 375 of the Board's Rules. 4. That the City will strictly adhere to the project schedule negotiated with the Board and will meet all federal and state requirements. 5. That a certified copy of this Resolution shall b submitted to the Board to insure that the City will b included in the Fiscal Year 1989 Intended Use Plan. I RESOLVED this 25th day of October, 1988. Y`im--Kennedy, May ATTEST: ��l APPROVED: Diane Ca'lland&r City Secretary City Attorney